Anonymous wrote:If such a critical mass exists, it's shrinking. Why do you think Silver Spring is so much cheaper than Bethesda? Why do realtors highlight when houses are located in the Whitman or Churchill districts and routinely leave out any school information for homes in the red zone?
There's a much lower demand for similar types of homes in Silver Spring; ergo, lower prices. The market tells a different story than you do.
While it's true SS is cheaper than Bethesda, I have to laugh at this comment. Houses in my neighborhood in SS go for 500-600K. I know that in this area of the country that is not much to many people but it's a little silly to imply that SS is not a desirable place to live that professionals with some money aren't living in and moving to.
We were looking to move last year because we needed a bigger house and didn't feel like the pain of renovation, but wanted to stay in the area. We narrowed our search to our neighborhood and three or four others. Every decent house we looked at in the 550-600K range was snapped up quickly. There is definitely a market here. We ultimately decided to stay and do the renovation (it sucked going through it but totally worth it now) but not everyone in the Einstein district is having trouble selling their houses or are living in a cheap housing market.
The crime is definitely higher - I don't go out at night in my neighborhood for fear of all my government lawyer neighbors mugging me.
Please.